Company Valuation: AstraZeneca PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 182,034 209,442 209,268 203,171 287,813 253,137 - -
Change - 15.06% -0.08% -2.91% 41.66% -12.05% - -
Enterprise Value (EV) 1 206,417 232,365 231,778 227,741 311,187 272,698 264,918 256,324
Change - 12.57% -0.25% -1.74% 36.64% -12.37% -2.85% -3.24%
P/E 1,469x 64.1x 35.4x 29.1x 28.4x 20.9x 18.2x 15.8x
PBR 4.24x 5.65x 5.39x 5.02x 5.96x 4.69x 4.17x 3.54x
PEG - 0x 0.4x 1.6x 0.6x 1.1x 1.2x 1x
Capitalization / Revenue 4.87x 4.72x 4.57x 3.76x 4.9x 4x 3.78x 3.55x
EV / Revenue 5.52x 5.24x 5.06x 4.21x 5.3x 4.31x 3.96x 3.59x
EV / EBITDA 27.2x 25.2x 17.1x 13.6x 16x 12.3x 10.9x 9.59x
EV / EBIT 20.8x 17.4x 15.9x 13.5x 16.8x 12.9x 11.4x 10x
EV / FCF 42.4x 26.7x 25.8x 22.9x 26.5x 28.4x 20.4x 17.5x
FCF Yield 2.36% 3.75% 3.88% 4.36% 3.78% 3.52% 4.91% 5.7%
Dividend per Share 2 2.87 2.9 2.9 3.1 3.2 3.334 3.555 3.653
Rate of return 2.44% 2.15% 2.15% 2.37% 1.72% 2.04% 2.18% 2.24%
EPS 2 0.08 2.11 3.81 4.5 6.54 7.811 8.956 10.35
Distribution rate 3,588% 137% 76.1% 68.9% 48.9% 42.7% 39.7% 35.3%
Net sales 1 37,417 44,351 45,811 54,073 58,739 63,276 66,881 71,311
EBITDA 1 7,586 9,237 13,580 16,691 19,476 22,144 24,286 26,741
EBIT 1 9,928 13,350 14,534 16,928 18,478 21,064 23,220 25,510
Net income 1 112 3,288 5,961 7,035 10,225 12,071 13,803 15,828
Net Debt 1 24,383 22,923 22,510 24,570 23,374 19,562 11,781 3,188
Reference price 2 117.51 135.16 135.02 131.05 185.60 163.21 163.21 163.21
Nbr of stocks (in thousands) 1,549,159 1,549,528 1,549,926 1,550,317 1,550,726 1,551,024 - -
Announcement Date 2/10/22 2/9/23 2/8/24 2/6/25 2/10/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.35x11.76x23.85x0.61% 1,014B
29.73x6.61x18.52x2.01% 644B
33.2x7.77x16.07x2.61% 464B
19.64x4.8x11.88x2.76% 354B
19.71x5.15x12.77x3.12% 265B
20.89x4.31x12.32x2.04% 253B
23.89x6.29x11.2x2.68% 203B
12.12x4.42x9.24x4.14% 186B
-44.67x6.51x25.43x2.23% 183B
Average 16.32x 6.40x 15.70x 2.47% 396.31B
Weighted average by Cap. 23.48x 7.64x 17.64x 2.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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